2023-03-31-accounts - Children Care Centre

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Reference and administrative	Reference and administrative	details
Trustees' Annual Report
Independent auditor's	report
Balance sheet
Funds Statements:-
Statement of Financial	Activities
Notes tothe accounts

Charity name		CHILDREN CARE CENTRE	CHILDREN CARE CENTRE
Charity registration	number	1014813
Principal office		86 Hampton Road
		Forest Gate
		London
		E7 ONU
Registered oNce		86 Hampton Road
		Forest Gate
		London
		E7 ONU
Trustees		Mr I Y Kaba
		Mr Y IVI Karmadi
		Mr YYShikora
Secretaryl Treasurer		Mr YMKarmadi
Bankers		Natwest Bank
		Ground Floor
		1-11Broadway,	Stratford
		London
		E154BQ
		Bank of Baroda
		Aldgate East Branch
		'128 Commercial	Road
		Aldgate East
		London
		E1 1NL
Auditors		Lail Ondhia Ltd
		Chartered Certmed Accountant
		Charter House
		8-10Station Road
		Manor Park, London
		E125BT

					Notes	Notes	Notes			2023		2022
										E		K
Fixed assets
Tangible assets												349
Investments held as fixed			assets							4,773,673		4,693,673
Total fixed assets										4,773,673		4,694,022
Current assets
Debtors						7		4,990			10,114
Cash at bank and in	hand							720,413			690,173
Statement of Financial		Activities - Prior Year			statement
Total current assets								725,403			700,288
Creditors: amounts one year	falling due within							(9,260)			(25,310)
Net Current Assets										716,143		674,978
The total ofnet assets		ofcharity								5,489,816		5,369,000
The total ofnet assets		ofcharity is funded			by	the fund ofcharity as follows			ie
Restricted funds
Unrestricted Funds
Unrestdicted Revenue Funds					10		2,729,072				2,608,256
Unrestricted Revaluation			Reserve		10		2,760,744				2,760,744
										5,489,816		5,369,000
Total charity funds										5,489,816		5,369,000
Approved by the board			ortrustees	orl ~31st	dut		2023
YM Karmadi
Trustee

CHILDREN CARE CENTRE -Stat	CHILDREN CARE CENTRE -Stat	eme	nt ofFmanciai Activities	nt ofFmanciai Activities	for the year e	nded 31 Marc	h 2023
Statement ofFinanciai Activities		for	the year ended 31March		2023
			Currentyear	currentyear	Currentyear	Prior Year	Prior Year	Prior Year
			Unrestricted	Restricted	Total Funds	Unrestricted	Restricted	Total Funds
			Funds	Funds		Funds	Funds
			2023	2023		2022	2022	2022
			E	K				6
Incoming resources:
Donations		12	31,558		31,558	44,979	8,950	53,929
Investments		13	228,430		228,430	224,306		224,306
Total income			259,988		259,988	269,286	8„950	278,236
Statement ofFinancial Activities - Prior Year statement
Raising funds Charitable activities		19 18	1'i5,705 23,118		115,705 23,118	49,675 86,713	8,950	49,675 95,663
Depreciation Total expenditure		20	349 139I172		349 139,172	524 136,9'12	8,950	524 '145,862
Net income forthe year			120,816		120I816	132,374		132,374
Net income after transfers			120,816		120,8'16	132,374		132,374
Net gains on revaluation	offixed assets
Net movement in funds			120,8'16		120,816	132,374		132,374
Reconciliation offunds:-
Total funds brought forward			5,369,000		5,369,000	5,236,626		5,236,626
Total funds carried forward			5,489,816		5,489,816	5,369,000		5,369,000

CHILDREN CARE CENTRE	CHILDREN CARE CENTRE
Notes to the Accounts for the year ended 31 March		2023
1	Accounting policies
	a. Basis ofpreparation and accounting convention
	The accounts have been prepared on the accruals basis, in accordance with the Statement					of	Recommended				Pracbce:
	Accounting and Reporting by Charities preparing their accounts in accordance with		the Financial	Reporting				Standard	applicable in
	the UK and Republic of Ireland (FRS102)issued on 16July	2014and the Charities	Act 2011 and UK			Generally Accepted					Practice
	as it applies from 1 January 2015.
	"The financial statements have been prepared to give a 'true and fair' view and have departed			from		the		Chariges	(Accounts and
	Reports) Regulations 2008 only to the extent required to	provide a 'true and fair view'. This		departure				has involved			following
	Accounting and Reporbng by Charities preparing their accounts in accordance with the Financial Reporting the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Statement ofRecommended Practice effective from 1 Apdl 2005 which has since been withdrawn, "							Standard Reporting	applicable in by Charities. '
	The trust constitutes a pubiic benefit entity as defined by FRS102.
	b. Income recognition
	Donations are recognised where there is entitlement, certainty of receipt and		the amount	can		be	measured		with		sufficient
	reliability.
	investment income is recognised on a receivable basis.
	income from charitable activities include income recognised as earned (as the related goods or services are provided)											under
	cantract, and recognised where there is entitlement, certainty ofreceipt and the amount can be measured							with sufficient		reliability,
	All income is accounted for gross, before deducting any related fees or costs.
	c.Recognition ofliabilities and expenditure
	A liability, and the related expenditure, is recognised when	a legal or constructive obligation exists			as a		result afa past event, and
	when it is more likely than not that a transfer af economic	benefits will be required in settlement,				and	when the		amount			ofthe
	obligation can be measured or reliably estimated.
	Charitable expenditures comprise those costs incurred	by the charity in the	delivery of	its	activities and services							for its
	beneficiadies. It includes both costs that can be directly allocated to such activities		and those costs		of an		indirect nature			necessary
	to support them.
	d. Fixed asset
	Fixed asset including Land and Building are shown initially	at cost upon acquisition	and at their	market value at the					balance sheet
	date at the end ofthe financial period.
	Land and building is not depreciated as the residual value	ofthe building is at least that in the		accounts				due ta continued				repairs
	and maintenance.
	Ail gains on fixed asset revaluations, whether realised or unrealised, are included in ofthe Statement					of	Financial Activities.
	e. Tsrrgibie fixed assefs
	Tangible fixed assets are measured at their odiginal cost value, ar subsequent revaluation, or ifdonated,						as described abave. Cost
	valve includes all costs expended in bdinging the asset into	its intended working candibon.
	f. Depreciation
	Depreciation is provided on tangible fixed assets so as to write affthe cost less any estimated			residual			value, over		their		expected
	useful economic life as follows:
	Office Equipment: 3Years Straight Line Method Basis
	g. Debtors
	Trade debtors are recognised initially at the transaction	price. They are subsequently measured				at	amorbsed		cost	using the
	effective interest method, less provision for impairment. A	provision for impairment	oftrade debtors			is	established		when			there is
	abjective evidence that the charity will not be able to caffect	ag amount due according ta the origina!			terms			ofreceivables.
	h. Cash and cash equivalents
	Cash and cash equivalents include cash in hand, deposits	held at call with banks,	other short term		liquid		investments with					original
	maturities af three months or less and bank overdrafts. Bank overdrafts are shown		within barrowings			in current liabilities.

3	Net surplus before tax in the financial	Net surplus before tax in the financial	year
				2023	2022
				5	5
	The net surplus before tax in the financial year is started after changing:-
	Auditors' remuneration			5,400	5,400
4	Staffcosts and emoluments
	Numbers offull fime employees	or full fime equivalents		2023	2022
	The average number oftotal staff employed		in the year was
	There is no staff other than trustees	during	the current year and previous year.
5	Tangible fixed assets
				Office	Total
				Equipment
				5
	Cost
	At 1 April 2022			1,570	1,570
	Additions
	At 31 IIAarch 2023			1,570	1,570
	Depreciation
	At 1 Apn'I 2022			1,221	1,221
	Charge for the year			349	349
	At 31 Illlarch 2023			1,570	1,571
	Net book value
	At 31 March 2023
	At 31 March 2022			349	349

									Property	Total
									Investment
									K
	Carrying values ofinvestments
	AI1 April 2022								4,693,673	4,693,673
	Additions & improvements								80,000	80,000
	Revaluation at 31 March 2023
	Writing dawn	at 31 March 2023
	Disposals
	At 31 March	2023							4,773,673	4,773,673
	ln the opinion	of the	Trustees,	the investment	in properges	is fairly	stated	given the current	market conditions	of the property
	sector.
7	Debtors
									2023	2022
									K	K
	Prepayments	and accrued income							4,990	'I0,114
									4810	10114
8	Creditors: amounts		falling	due within one year
									2023	2022
									K	K
	Accruals								9,260	16,460
	Deferred Income									8,850
									9,260	25,310
9	Net assets	by fund
	At 31March	2023			Unrestricted		Designated		Restricted	Total
					funds			funds	funds	Funds
						K		K	K	K
	Total Fixed Assets				4,773,673					4,773,673
	Current Assets					725,403				7251403
	Current Liabilities					(9,260)				(9,260)
					5,489,816					5,489,616
	At 31 March	2022			Unrestricted		Designated		Restricted	Total
					funds			funds	funds	Funds
						K		K	K	K
	Total Fixed Assets				4,694,022					4,694,022
	Current Assets					700,288				700,288
	Current Liabilities					(25,310)				(25,310)
					5,369,000					5,369,000

				Funds brought forward from	M ovement in f d ' 2023	M ovement in f d ' 2023	M ovement in f d ' 2023	b	Transfers tw	Funds carried forward to 2024	Funds carried forward to 2024
					See	Note 11
							6
Unrestricted funds:-
Unrestricted Revenue	Fund s			2,606,256			120,616			2,729,072
Unrestricted Revaluation			Reserve	2,760,744						2,760,744
Total unrestricted funds				6,369,000			120,8'i6			5,489,816
Restricted funds:-
Restricted Fixed Asset		Funds
Total restricted funds
Total charity funds				5,369,000			120,816			5,489,816
Change in total funds		over the yearas shown		in Note 9,analysed	by individual funds-prior				year
				Funds brought forward from 2021	Movement in f d 022 unds in 2			Transfers between funds in 2022		Funds carried 'omar 'o
					See Note 11
Unrestricted funds:-
Unrestricted Revenue		Funds		2,475,682			'i32,374				2,608,256
Unrestricted Revaluation			Reserve	2,760,744							2,760,744
Totai unrestrlcted funds				5,236,626			132,374				5,369,000
Restricted funds:-
Restricted Fixed Asset		Funds
Total restricted funds
Total charity funds				6,236,626			132,374				5,369,000

								Other
					Income		Expenditure	Gains &	Movement
								Losses	in funds
						2023	2023	2023	2023
						E	6	E	8
Unrestricted	funds:-
Unrestricted	Revenue		Funds			259,988	(139,172)		120,816
Unrestricted	Revaluation			Reserve
Restricted funds:-
Restricted Revenue		Funds
						269,988	(139,172)		120,816
Analysis of	movements			in funds over the	year as shown	in Note 8-prior year
								Other
					income		Expenditure	Gains &	Movement
								Losses	in funds
						2022	2022	2022	2022
						K	6		8
Unrestricted	funds.	-
Unrestricted	Revenue		Funds			269,286	(136,912)		132,374
Unrestrirted	Revaluation			Reserve
Restricted funds:-
Restrlcted Revenue		Funds				8,950 228.236	(8,950) ~I145.852		132,374

12	Income from	Donations
				Current year	Current year	Current year	Prior Year	Pdor Year	Prior Year
				Unrestricted Funds	Restricted Funds	Total Funds	Unrestricted Funds	Restricted Funds	Total Funds
				2023	2023 6	2023 6	2022	2022 6	2022f
	Donations and gifts			21,398		21,$98	44,979	8,950	53,929
	GIR Aid Tax daim			10,160		10,160
	Total income from donations			31,558		31,558	44,979	8,950	53,929
13	investment income
				Current year	Current year	Current year	Prior Year	Prior Year	Prior Year
				Unrestricted Funds	Restricted Funds	TotalFunds	Unrestdcted Funds	Restricted Funds	Total Funds
				2023	2023	2023	2022	2022	2022
				6	6	6	6	6
	Property Rentai Income Bank Interest Receivable			227,776 654		227,776 654	223,808 498		223,808 498
	Total investment	income		228&430		228,430	224,306		224,306
14	Expenditure	on charitable	activities - Direct spending
				Current year	Current year	Current year	Prior Year	Prior Year	Prior Year
				Unrestricted Funds	Restricted Funds	TotalFunds	Unrestricted Funds	Restricted Funds	Total Funds
				2023 6	2023	2023 5	2022 6	2022 5	2022f
	Travel and Subsistence -Charitable		Activities 1,953			1,953	1,785		1,785
	Total direct spending			1,953		1,953	1,785		1,785
15	Expenditure	on charitable	activities- Grant funding ofactivities
				Current year	Current year	Current year	Prior Year	Pdor Year	Prior Year
				Unrestricted Funds	Restricted Funds	TotalFunds	Unrestricted Funds	Restricted Funds	Total Funds
				202$	2023	2023	2022	2022	2022
							8	6
	Grants (Bache Ka	Ghsr Amcd)					79,050	8,950	88,000
	Grants (Siipcn Guiarat Welfare) Total grant making costs			'I2,000 12,000		12,000 12,000	79,050	8,950	86,000
16	Support costs for charitable			activities Current year	Current year	Current year	Prior Year	Prior Year	Prior Year
				Unrestricted Funds	Reelected Funds	TotalFunds	Unrestricted Funds	Restricted Funds	Total Funds
				2023	2023	2023	2022	2022	2022
						5
	Sta0onery and printing				8	8	418		418
	Scfbvare charges			95		95
	Bank charges			62		62	60		60
	Total support costs			165		165	478		478

Other Expen	di	tu	re -Governance co	sts
				Current year Current year	Current	year	Prior Year	Prior Year	Prior Year
				Unrestricted Funds Restricted Funds	Tataf Funds		Llnrestrlcted Funds	Restricted Funds	TotalFunds
				2023 2023	2023		2022	2022	2022
				E	E		E	5	E
Aceauntancy fees				3,600		3,600
Auditor's fees				5,400		5,400	5,400		5,400
Total Governance		costs		9,000		9,000	5,400		5,400
Total Charitable			expenditure
				Current year Current year	Current	year	Prior Year	Prior Year	Pnor Year
				Unrestricted Funds Restricted Funds	TotalFunds		Unrestricted Funds	Restricted Funds	Total Funds
				2023 E 2023f	2023 E		2022	2022 E	2022 E
Toia[ direct spending				1,953		1,953	1,785		1,785
Total grant making		costs		12,000		12,000	79,050	8,950	88,000
Total suppori costs				165		165	478		478
Total Governance	costs			9,000		9,000	5,400		5,400
Total charitable	expenditure			23,118	23,1'f8		86,713		95,663
Expenditure	on		raising funds and costs ofinvestment management
				Current year Current year	Current	year	Prior Year	Prior Year	Prier Year
				Unrestricted Funds Restricted Funds	Total Funds		Unrestricted Funds	Restricted Funds	TotalFunds
				2023 2023	2023		2022	2022	2022
				E E	E		E	E	E
Property rates				3,403		3,403	2,735		2,735
Property Insurance				15,780		15786	6,771		6,77'l
Property repairs end rnaintenenee				95,364		95,364	40,169		40,169
Legal Fee				'I,152		'l,152
Total fundraising		costs		115,705	115,705		49,675		49,678
Deprecation
				Current year Current year	Current	year	Prier Year	Prior Year	Prier Year
				Unrestrfcted Funds Restricted Funds	Total Funds		Unrestricted Funds	Restricted Funds	Total Funds
				2023 2023	2023		2022	2022	2022
Deprecation				349			524		524
Tatal		deprecation					524		524